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Jan 2, 2013
01/13
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KBCW
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if there was no agreement before a new congress takes office thursday negotiations would have had to start all over. after closed door meetings this was a vote on the fiscal cliff compromise a by partisan senate overwhelmingly passed last night. >> we have listened to the american people, we have heeded their call once again to work together in a by partisan way. >> reporter: president obama spoke minutes after the vote. one thing i think hopefully in the new year we can focus on is seeing if we can put a package like this together with less drama, a little less brinksmanship, not scare the heck out of folks quite so much. >> reporter: eric cantor voted no on the compromise. he dropped efforts to amanned the bill to add more spending cuts after failing to get enough fellow republicans to agree. >> the senate bill failed in cutting spending. >> this is unacceptable. >> reporter: the compromise makes bush era tax cuts permanent for individuals who make less than $400,000 a year and families who earn under $450,000 a year. president of the san fransisco republican assembly. >> we are sp
if there was no agreement before a new congress takes office thursday negotiations would have had to start all over. after closed door meetings this was a vote on the fiscal cliff compromise a by partisan senate overwhelmingly passed last night. >> we have listened to the american people, we have heeded their call once again to work together in a by partisan way. >> reporter: president obama spoke minutes after the vote. one thing i think hopefully in the new year we can focus on is...
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Jan 2, 2013
01/13
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KRON
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. >> congress has nearly avoided a fiscal cliff. the republican-led house of representatives agreed on a compromise late last night. if less than 24 hours after the deal was passed by the senate. if the final house vote was 257 to 167, with 85 republicans joining democrats. the vote capped off weeks of back and forth between chambers. president obama praised the compromise, saying that he does not want a repeat of the bickering in future negotiations. >> the bill case and come taxes the same for everyone except individuals making $400,000 a year or more. it also delays automatic spending cuts in defense and government programs for two months. it extends long term unemployment benefits that were set to expire. the measure head to president obama, who has promised to sign it. he left immediately after commending on of the house vote, to rejoin his family in hawaii. >> our coverage of this fiscal cliff agreement will continue throughout the morning. essex 30 a.m. we will carry opening bell alive, as a big rally is expected after the de
. >> congress has nearly avoided a fiscal cliff. the republican-led house of representatives agreed on a compromise late last night. if less than 24 hours after the deal was passed by the senate. if the final house vote was 257 to 167, with 85 republicans joining democrats. the vote capped off weeks of back and forth between chambers. president obama praised the compromise, saying that he does not want a repeat of the bickering in future negotiations. >> the bill case and come taxes...
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Jan 2, 2013
01/13
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KTVU
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and just as congress compromised on the fiscal cliff deal, it's gearing up for two big fights in the coming weeks, raising the debt ceiling and cutting government spending. >> and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bess brinksmanship, not -- a little bit less brinksmanship, not scare americans so much. >> reporter: people will have less cash by paying more with the payroll tax. live in washington, kyla campbell, ktvu channel 2 news. >> all right. >>> the dow is up 240. the rest of the index is up about 2% right now. and we have more on the fiscal cliff vote on our website. go to ktvu.com and click the tab on the front page. >>> some members of congress are on the floor right now, on the floor of the house of representatives, calling for a vote on legislation to help the victims of superstorm sandy. lawmakers are angry because the republican house leadership ended the session without voting on that sandy bill. >> we're told we'll get a bill on the floor later th
and just as congress compromised on the fiscal cliff deal, it's gearing up for two big fights in the coming weeks, raising the debt ceiling and cutting government spending. >> and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bess brinksmanship, not -- a little bit less brinksmanship, not scare americans so much. >> reporter: people will have less cash by paying more...
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Jan 2, 2013
01/13
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KPIX
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a divided congress passes a "fiscal cliff" compromise. but there's another big threat just a few months away. >>> it is freezing outside literally [ signal breakup ] ,,,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. to give a break cancer survivor a lifetime-- that's definitely a fair trade. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful (woman) why walk 60 miles in the boldest breast cancer event in history? because your efforts help komen serve millions of women and men fac
a divided congress passes a "fiscal cliff" compromise. but there's another big threat just a few months away. >>> it is freezing outside literally [ signal breakup ] ,,,, look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting...
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Jan 2, 2013
01/13
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KRON
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. >> this congress.. as been most condone for the on the ability to compromise. or the willingness to not come together to work act on behalf of the best of the american people. taxes will be going up on everybody in america if we do not act. we hope that our colleagues can reach a compromise. >> reporter: they're thinking that there could have been an amendment added but that decision is still this fails, that taxes will go for middle-class families. and unemployment benefits will lapse. >> catherine: michael yaki is here. >> this is basically your social security tax that was lowered. nobody really talk about extending that and some people think that that could be a bit of a drag on the economic recovery. that is something that you could still see. >> this is the ongoing house debate. >> and michael, >> this is the first cleiff the debt ceiling could also be delayed and released. by mid-march, basically there's a convergence. and when you call the last time the debt ceiling problem is when this his entire how this started. the numbers are going to be bigger. an
. >> this congress.. as been most condone for the on the ability to compromise. or the willingness to not come together to work act on behalf of the best of the american people. taxes will be going up on everybody in america if we do not act. we hope that our colleagues can reach a compromise. >> reporter: they're thinking that there could have been an amendment added but that decision is still this fails, that taxes will go for middle-class families. and unemployment benefits will...
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Jan 2, 2013
01/13
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KRON
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congress has nearly avoided of the fiscal cliff. the republican-led house of representatives agreed on a compromise last night, off less than 24 hours after the deal pass the senate. president obama now returns to know why it today to rejoin his family. >> doctors at a new york presbyterian hospital say that secretary of state hillary clinton is making excellent progress. they are confident that she will make a full recovery. mrs. clinton was hospitalized sunday for a blood clot in her head. she is being treated with blood donors. >> a free is one is an affect for north bay interior valleys this morning until 9:00. if the warning impact outdoor plans and pets. a freeze on the mes temperatures are at or below 28 degrees for two or more hours in an area. >> we are at 28 degrees waited up in santa rosa. we are seeing upper 20s for pleasanton. it is low 40's for richmond and oakland. san mateo is currently sitting at 33 degrees. it looks like we will see clear conditions. as we head into afternoon the temperatures will be a little bit w
congress has nearly avoided of the fiscal cliff. the republican-led house of representatives agreed on a compromise last night, off less than 24 hours after the deal pass the senate. president obama now returns to know why it today to rejoin his family. >> doctors at a new york presbyterian hospital say that secretary of state hillary clinton is making excellent progress. they are confident that she will make a full recovery. mrs. clinton was hospitalized sunday for a blood clot in her...
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493
Jan 2, 2013
01/13
by
KPIX
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. >>> and it's hard to get a budget bill through congress without adding something which you might be surprised to hear the fiscal cliff compromise inclapincludes $430 million for hollywood to penc ouraencoge turagv ane tvd fi andlm p filrodum prctiooducntion in the united states. $22 2 mi llio$222n million for puerto rico and the $70 million for nascar to allow certain racetracks to continue to recover their costs. >> the house said to not to vote on a relief bill for victims of superstorm sandy. on friday the senate approved $60 billion of aid for new jersey and new york which were devastated by sandy. leaders called off the vote because of the fiscal cliff deadline. new york lawmakers are steaming. >> hurricane sandy struck on october 29th. eight, nine weeks ago. it's unprecedented that it should take so long. and yet we are now told that this house is going to adjourn, that even though the senate pvot ed fvoteor td fohe ar thid, e aiwe'rd, we goe'reing going to do nothing, it's unprecedented. it's disgusting. >> there's no way to sugar coat th is.this. a new study finds eating fru
. >>> and it's hard to get a budget bill through congress without adding something which you might be surprised to hear the fiscal cliff compromise inclapincludes $430 million for hollywood to penc ouraencoge turagv ane tvd fi andlm p filrodum prctiooducntion in the united states. $222 mi llio$222n million for puerto rico and the $70 million for nascar to allow certain racetracks to continue to recover their costs. >> the house said to not to vote on a relief bill for victims of...
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216
Jan 2, 2013
01/13
by
KRON
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eye 216
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congress has avoided a fiscal cliff. the republican lead house of representatives agreed on a compromise late last night. less than 24 hours after the deal passed the senate. the final house vote was 257 to 167, with 85 republicans joined democrats. the vote capped off weeks of back and forth between chambers. president obama praised the compromise, say that he does not want to repeat of the bickering in future negotiations. >> the bill keeps and come taxes the same for everyone except individuals making $400,000 a year or more. it also delays automatic spending cuts in defense and government programs for two months. it extends long-term unemployment benefits that were set to expire. the measure heads to the president obama, who has promised to sign it. he left immediately after commending on the house was bold, to rejoin his family in hawaii. >> new this morning, rental car companies avis is buying it is a car for more than $490 million expanding its business to include cars sharing services. avis will pay 12-25 per sha
congress has avoided a fiscal cliff. the republican lead house of representatives agreed on a compromise late last night. less than 24 hours after the deal passed the senate. the final house vote was 257 to 167, with 85 republicans joined democrats. the vote capped off weeks of back and forth between chambers. president obama praised the compromise, say that he does not want to repeat of the bickering in future negotiations. >> the bill keeps and come taxes the same for everyone except...